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TableofContents
StockPerformanceGraph
ThefollowinggraphcomparesthecumulativetotalreturnsduringtheperiodfromDecember31,2010toDecember31,2015ofourcommonstocktothe
Standard&Poor's500StockIndexandtheNYSEARCAAirlineIndex.Thecomparisonassumes$100wasinvestedonDecember31,2010ineachofour
commonstockandtheindicesandassumesthatalldividendswerereinvested.
IssuerPurchasesofEquitySecurities
ThefollowingtablepresentsinformationwithrespecttopurchasesofcommonstockwemadeduringtheDecember2015quarter.Thetotalnumberofshares
purchasedincludessharesrepurchasedpursuanttoour$5billionsharerepurchaseprogram,whichwaspubliclyannouncedonMay13,2015("the2015
RepurchaseProgram").The2015RepurchaseProgramwillterminatenolaterthanDecember31,2017.Somepurchasesweremadepursuanttoatradingplan
meetingtherequirementsofRule10b5-1undertheSecuritiesExchangeActof1934.
Inaddition,thetableincludesshareswithheldfromemployeestosatisfycertaintaxobligationsdueinconnectionwithgrantsofstockundertheDeltaAir
Lines,Inc.2007PerformanceCompensationPlan(the"2007Plan").The2007Planprovidesforthewithholdingofsharestosatisfytaxobligations.Itdoesnot
specifyamaximumnumberofsharesthatcanbewithheldforthispurpose.Thesharesofcommonstockwithheldtosatisfytaxwithholdingobligationsmaybe
deemedtobe“issuerpurchases”ofsharesthatarerequiredtobedisclosedpursuanttothisItem.
Period
TotalNumberof
Shares
Purchased
AveragePrice
PaidPerShare
TotalNumberofShares
PurchasedasPartof
PubliclyAnnounced
PlansorPrograms
ApproximateDollarValue(inmillions)
ofSharesThatMayYetBePurchased
UnderthePlanorPrograms
October2015 3,394,359 $ 48.35 3,394,359
$ 4,211
November2015 4,668,397 $ 49.63 4,668,397
$ 3,979
December2015 641,682 $ 46.96 641,682
$ 3,950
Total 8,704,438
8,704,438
23